Russia Plans to Maintain Precious Metals Spending, Resume Palladium Purchases
The Russian Finance Ministry has unveiled plans to invest 51.5 billion rubles (approximately $538 million) annually in strategic metals and gemstones through 2027. This decision, part of a draft federal budget, marks a significant shift in Russia’s economic strategy. Of particular note is the reintroduction of palladium to the government’s purchasing list. This rare metal, […]
NC Supreme Court Allows Out-of-State Lawyers to Assist Hurricane Helene Victims
North Carolina’s Supreme Court bolstered legal support for Hurricane Helene victims by allowing out-of-state lawyers to help. On Tuesday, the court approved a pathway allowing out-of-state lawyers to provide pro bono legal services to those impacted by the hurricane. This decision, known as a “Katrina order,” comes as legal aid groups prepare for an extensive […]
Appeals Court Rejects CFTC Bid to Halt Political Betting Markets
A federal appeals court in Washington has paved the way for the return of regulated political betting markets in the United States. The ruling, issued less than five weeks before Election Day, allows financial exchange startup Kalshi to resume offering fully regulated election-betting markets. The three-judge panel lifted a temporary freeze on these markets, rejecting […]
Costco Goes Platinum: The Shiny New Addition to the Wholesaler’s Precious Metal Lineup
Costco (NASDAQ: COST), known for its bulk deals on everything from toilet paper to snacks, has taken another step in its growing portfolio of precious metals. Following the soaring success of its gold and silver sales, the retailer announced on Wednesday that it will begin selling 1-ounce platinum bars, with the first bars going for […]
Sponsored · Cambria Gold Mines
OpenAI Secures Record $6.6 Billion Funding, Seeks Investor Exclusivity
OpenAI has raised $6.6 billion in a groundbreaking funding round that values the company at $150 billion, setting a new record in Silicon Valley. The San Francisco-based firm, led by CEO Sam Altman, is reportedly asking investors to refrain from backing rival AI startups such as Anthropic and Elon Musk’s xAI. During negotiations, OpenAI made […]
Rua Gold Begins Exploration At Glamorgan, Identifies Epithermal Gold System
Exploration has begun at Rua Gold’s (TSXV: RUA) Glamorgan Project, found in the Hauraki Goldfield on the north island of New Zealand. The program follows the company in August being granted a minimum impact access agreement from the Department of Conservation.
KITS Eyecare Reports Q3 Preliminary Revenue Of $41.7 Million
KITS Eyecare (TSX: KITS) has released preliminary data for its third quarter 2024 results. The company is reporting that it has seen growth in both topline revenue as well as Adjusted EBITDA. Revenue for the third quarter is said to have grown 34% year-over-year to $41.7 million, which is also a 10% improvement on the […]
Plurilock Enters US$19.3 Million Contract With Semiconductor Firm
Plurilock Security (TSXV: PLUR) has entered into its largest ever sales contract. The contract, which covers a three year period, will see the company work with an S&P500 semiconductor company as it expands into non-governmental sectors.
Sponsored · Selkirk Copper Mines
Gold ETFs See Record Inflows, Pushing Bullion to 45-Year High
The gold market is experiencing a remarkable surge, with exchange-traded funds playing a pivotal role in driving prices to levels not seen in decades. Recent data shows that gold-related ETFs have attracted a staggering $3.3 billion in investments since August, signaling a renewed interest in the precious metal as a safe-haven asset. This surge in […]
Russia To Boost Defense Budget by 25% In 2025, Reaching Record High
Russia has announced plans to increase its defense spending by 25% to a record high of 13.5 trillion rubles ($142 billion) in 2025. This substantial increase, outlined in draft budget documents published on the parliament’s website, signals Russian President Vladimir Putin’s commitment to continuing the war in Ukraine and escalating tensions with the West. The […]